UK 08:32 Wednesday, 7 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
I met Iofina (IOF) years ago and resisted the urge to tip the AIM listed shares. That was clearly a ghastly mistake as it has – until recently prospered, in share price terms, from building facilities to “mine” iodine. On Monday its shares slumped by 40% at one point. The company said that there was no reason for that and they then rallied strongly. I suspect that this is a highly margined stock and that a small initial fall triggered stop losses with spreadbetters which then became a vicious circle. But at 161p with a £205 million market cap would I be happy to own this AIM listed stock?
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